Monday Feels Like A Hug After Last Week's Dumpster Fire

Green to start the week, BTC hashrate hits new ATH, DOGE drama, and more

OVERVIEW

Monday Feels Like A Hug After Last Week's Dumpster Fire

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total and altcoin market cap YTD:

Most bullish/bearish symbols on Stocktwits at the close: 📈 $AAVE, $FTM, $TAO, $FET, $DOGE, 📉 $HNT, $BIT, $SUI, $DAI, and $XMR

*If you’re a business and want to access this data via our API, email us.

News In Three Sentences
Bitcoin, Ethereum, And Solana News 🪙 

💻 Bitcoin’s Hashrate Smashes Records, New ATH 845 EH/s 

$BTC’s hashrate just shattered another record, hitting 845 exahashes per second. The insane hashrate means blocks are being processed faster, and a difficulty adjustment is on the way. Miners might be feeling the revenue pinch, but this surge proves Bitcoin’s network is getting stronger than ever. Bitcoin.com.

🔍 Galaxy Digital Moves $89 Million in Bitcoin to Coinbase Prime—Cue the Speculation 

Galaxy Digital just moved 1,652 Bitcoin—nearly $90M—over to $COIN Prime, and the crypto world’s buzzing about what’s next. Led by Bitcoin bull Mike Novogratz, this transfer has people wondering if a big sale’s coming. Whatever Galaxy’s up to, it’s adding fuel to the ongoing FUD. LookOnChain.

Peter Brandt Bets Bitcoin Will Smoke Gold Soon 

The great Peter Brandt thinks Bitcoin’s about to flex on gold, pointing to an inverted head-and-shoulders pattern in the BTC/GLD ratio. Sure, Bitcoin might stumble in the short term, but Brandt sees a big bullish setup on the horizon. His chart suggests Bitcoin could end up worth 123 times the price of gold—now that’s a moonshot. X.

🌊 Solana DeFi Outliers Crush It While the Market Struggles 

While most of $SOL’s DeFi ecosystem took a beating, lending platforms like NX Finance and Lulo Finance somehow thrived. NX Finance shot up 65% in TVL, thanks to a fat rewards program, while Lulo saw liquidity grow by 32%. These guys are bucking the trend while the rest of the market tanks. SolanaFloor.

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